Jags Technologies Group Private Limited
About Jags Technologies Group Private Limited
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Jags Technologies Group Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2013PTC240038. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nitin Hareshchand Jagtiani and Koshliya Jagtiani.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 27/A – 204 Manish Vihar C.H.S. Ltd 4 Bungalows Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2020, the company reported a revenue of ₹12.18 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹10.93 Lakh (net margin -89.7%) and EBITDA of -₹10.93 Lakh (EBITDA margin -89.7%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years and 54% over five years.
The company is associated with 1 brand: DigiXHub.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address27/A – 204 Manish Vihar C.H.S. Ltd 4 Bungalows Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of Jags Technologies Group Private Limited
The main business activity of Jags Technologies Group is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Jags Technologies Group Private Limited FY 2020 filings available
Jags Technologies Group Private Limited reported revenue of ₹12.18 Lakh (down 83% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Jags Technologies Group Private Limited
Revenue fell 83% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 54%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Jags Technologies Group Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12.18 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹10.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.93 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Jags Technologies Group Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -89.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -89.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Jags Technologies Group are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Jags Technologies Group Private Limited
Jags Technologies Group Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Option Brains Wealth Private Limited | ₹12.2 Lakh (FY 2024) | •••• | •••• | -64.0% | •••• | Kalyan, Maharashtra, India |
| Deepmaze Solutions Private Limited | ₹12.2 Lakh (FY 2020) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| PSL Management and Software Technology Private Limited | ₹12.19 Lakh (FY 2025) | •••• | •••• | 97.0% | •••• | Puducherry, India |
| DDP Print Private Limited | ₹12.19 Lakh (FY 2017) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| August Talent Solutions (India) Private Limited | ₹12.19 Lakh (FY 2025) | •••• | •••• | 52.0% | •••• | Hyderabad, Telangana, India |
| Jags Technologies Group Private Limited this company | ₹12.18 Lakh (FY 2020) | •••• | •••• | -83.0% | •••• | Mumbai, Maharashtra, India |
| Essybros Consultancy Private Limited | ₹12.18 Lakh (FY 2025) | •••• | •••• | -39.0% | •••• | Delhi, India |
| Ameya Information Limited | ₹12.18 Lakh (FY 2023) | •••• | •••• | -50.0% | •••• | Ahmedabad, Gujarat, India |
| Principalsoft Technologies Private Limited | ₹12.18 Lakh (FY 2019) | •••• | •••• | 32.0% | •••• | Pune, Maharashtra, India |
| Airai Technologies Private Limited | ₹12.18 Lakh (FY 2024) | •••• | •••• | •••• | Ropar, Punjab, India | |
| Grasshopper Productions Private Limited | ₹12.17 Lakh (FY 2018) | •••• | •••• | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Jags Technologies Group by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Jags Technologies Group Private Limited
Jags Technologies Group Private Limited is audited by ABHISHEK BAGARIA AND ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ABHISHEK BAGARIA AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Jags Technologies Group Private Limited
Jags Technologies Group has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Hareshchand Jagtiani | Director | 29 Jan 2013 | 13 Years 8 Months | Current |
| Koshliya Jagtiani | Director | 29 Jan 2013 | 13 Years 8 Months | Current |
Ownership and Shareholding of Jags Technologies Group Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Jags Technologies Group Private Limited
Jags Technologies Group Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Jags Technologies Group Private Limited
Jags Technologies Group operates one associated brand: DigiXHub. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers blockchain development, web apps, mobile apps, and digital marketing solutions. | digixhub.com |
Employees and EPFO Compliance at Jags Technologies Group Private Limited
Employment history and EPFO contributions of people linked to Jags Technologies Group.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Jags Technologies Group Private Limited
Jags Technologies Group Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Koshliya Jagtiani was appointed as Director on 29 Jan 2013.
Credit Ratings, Litigation & Regulatory Alerts for Jags Technologies Group Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Jags Technologies Group Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Jags Technologies Group Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Jags Technologies Group Private Limited
Jags Technologies Group has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Jags Technologies Group Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Jags Technologies Group Private Limited
Jags Technologies Group is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 January 2013 (13+ years old) and is registered under CIN U74900MH2013PTC240038.
Jags Technologies Group reported revenue of ₹12.18 Lakh for FY 2020 (down 83% YoY).
Jags Technologies Group has 2 current directors:
- Nitin Hareshchand Jagtiani - Director
- Koshliya Jagtiani - Director
Jags Technologies Group reported a net loss of ₹10.93 Lakh (net margin -89.7%) and EBITDA of -₹10.93 Lakh (EBITDA margin -89.7%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jags Technologies Group is 88% over three years and 54% over five years. In the latest year (FY 2020) revenue fell 83%. CAGR is the steady yearly rate that links the first and the last year.
No. Jags Technologies Group has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Jags Technologies Group is U74900MH2013PTC240038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jags Technologies Group was incorporated on 29 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jags Technologies Group by revenue are Option Brains Wealth Private Limited, Deepmaze Solutions Private Limited, PSL Management and Software Technology Private Limited, DDP Print Private Limited, August Talent Solutions (India) Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Koshliya Jagtiani was appointed as Director on 29 Jan 2013. Nitin Hareshchand Jagtiani was appointed as Director on 29 Jan 2013.
The registered office of Jags Technologies Group is at 27A – 204 Manish Vihar C.H.S. Ltd 4 Bungalows Andheri W, Mumbai, Maharashtra, India – 400053.